$315,000
$5K PRICE DROP

217 N Highway 50 Business Loop Olathe, CO 81425

Estimated payment $1,845/month

Total Views 6,047
3 Beds
2 Baths
1,584 Sq Ft
$199 Price per Sq Ft

Highlights

  • RV or Boat Parking
  • Eat-In Kitchen
  • Forced Air Heating System
  • Ranch Style House
  • Shed
  • Family Room

About This Home

Discover Your New Home in Olathe, Colorado This charming ranch-style, single-family home offers an incredible opportunity for first-time buyers, families, or investors looking for a unique investment property in the heart of Western Colorado. With 1,584 square feet of living space, this 3-bedroom, 2-bathroom home, built in 1950, maintains its classic charm while providing modern comforts. The open design kitchen invites family gatherings and meal preparation, while the large living room ensures plenty of space for relaxation and entertaining. The secluded master bedroom offers a peaceful retreat, complemented by a conveniently located laundry room off the kitchen, which doubles as a mudroom. Don't miss out on this affordable home for sale in Olathe, perfect for those seeking a family-friendly environment. The exterior of this home is a blank canvas, providing the perfect opportunity to create your ideal outdoor space on a spacious 0.216-acre city lot. This expansive yard allows you to design your landscaping dreams—from a vegetable garden to an entertaining patio or fire pit area. The listed outbuilding, a handy shed, offers extra storage for recreational gear or gardening tools. With a durable metal roof and an efficient pellet stove for heating, you can enjoy both comfort and energy savings throughout the year. Whether you're a growing family, single homeowner or a savvy investor looking for an attractive property in a scenic location, this Olathe home for sale checks all the boxes.

Listing Agent

Casey Wareham

NextHome Virtual Listed on: 03/11/2025

NextHome Virtual

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,074

Year Built

  • Built in 1950

Home Design

  • Ranch Style House
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,584 Sq Ft Home
  • Family Room

Kitchen

  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Carport Space
  • RV or Boat Parking

Schools

  • Olathe K-5 Elementary School
  • Olathe 6-8 Middle School
  • Olathe 9-12 High School

Utilities

  • Forced Air Heating System
  • Pellet Stove burns compressed wood to generate heat
  • Heating System Uses Natural Gas
  • Internet Available

Additional Features

  • Shed
  • 9,409 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 372310315011

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,074

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Appliance Inclusions: Refrigerator, Dishwasher, Range/Oven
  • Estimated Total Acres: 0.216
  • Class: RESIDENTIAL
  • Em Deposit: 3500
  • Em Holder: Land Title Guarantee Comp
  • Exterior Inclusions: Shed/Storage
  • Interior Inclusions: Pellet Stove
  • Legal Lot Block: See assosciated docs
  • Lot Size Acreage: Less than .25
  • Parcel Id Number: 372310315011
  • Price Per Sq Ft: 198.86
  • Real Estate Included: Yes
  • Realist Id: 3723-103-15-011
  • Residence Style: Ranch
  • Rv Parking: Yes
  • Sale/Rent: For Sale
  • Siding: Vinyl
  • Street Designation: Loop
  • Zoning: Residential Single Family
  • Type: Stick Built
  • Internet Service Avail: Yes
  • Total Taxes Dollar: 1074
  • Year Built: 1950
  • Foreign Owned Y N: No
  • Prop Description Remarks: Discover Your New Home in Olathe, Colorado This charming ranch-style, single-family home offers an incredible opportunity for first-time buyers, families, or investors looking for a unique investment property in the heart of Western Colorado. With 1,584 square feet of living space, this 3-bedroom, 2-bathroom home, built in 1950, maintains its classic charm while providing modern comforts. The open design kitchen invites family gatherings and meal preparation, while the large living room ensures plenty of space for relaxation and entertaining. The secluded master bedroom offers a peaceful retreat, complemented by a conveniently located laundry room off the kitchen, which doubles as a mudroom. Don't miss out on this affordable home for sale in Olathe, perfect for those seeking a family-friendly environment. The exterior of this home is a blank canvas, providing the perfect opportunity to create your ideal outdoor space on a spacious 0.216-acre city lot. This expansive yard allows you to design your landscaping dreams—from a vegetable garden to an entertaining patio or fire pit area. The listed outbuilding, a handy shed, offers extra storage for recreational gear or gardening tools. With a durable metal roof and an efficient pellet stove for heating, you can enjoy both comfort and energy savings throughout the year. Whether you're a growing family, single homeowner or a savvy investor looking for an attractive property in a scenic location, this Olathe home for sale checks all the boxes.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room: Eat-in Kitchen
  • Bedrooms: 3
  • Flooring: Carpet-Partial, Laminate
  • Estimated Total Sq Ft: 1584
  • Full Bathrooms: 2
  • Half Bathrooms: 0
  • Bathrooms Quarter: 0
  • Bathrooms Three Quarters: 0
  • Family Room: Yes
  • Main Level Sq Ft: 1584
  • Master Bedroom Level: Main Level
  • Total Office Den: 0

Exterior Features

  • Construction Type: Wood Frame
  • Exterior Structures: Shed
  • Roof: Metal

Garage/Parking

  • Carport: Yes
  • Carport Spaces: 1

Utilities

  • Utilities: Electric, Natural Gas
  • Electric Supplier: Delta-Montrose Electric Association
  • Gas Supplier: Black Hills Energy
  • Heating System: Forced Air
  • Sewer Supplier: Town of Olathe
  • Water Supplier: Town of Olathe

Schools

  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8
  • High School: Olathe 9-12
  • High School: Olathe 9-12

Lot Info

  • Geo Subdivision: CO

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2024

MLS Schools

  • Elementary School: Olathe K-5
  • Middle School: Olathe 6-8

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,074 $13,560 $2,730 $10,830
2023 $1,074 $17,890 $3,600 $14,290
2022 $853 $11,580 $2,060 $9,520
2021 $881 $11,910 $2,120 $9,790
2020 $318 $8,750 $1,690 $7,060
2019 $308 $8,750 $1,690 $7,060
2018 $278 $7,630 $1,420 $6,210
2017 $273 $7,630 $1,420 $6,210
2016 $237 $6,700 $1,210 $5,490
2015 $441 $6,700 $1,210 $5,490
2014 $433 $6,980 $1,210 $5,770
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2025 03/25/25 Price Changed $315,000 -1.6% $199 / Sq Ft
03/11/2025 03/11/25 For Sale $320,000 +42.2% $202 / Sq Ft
05/18/2022 05/18/22 Sold $225,000 +2.3% $142 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $220,000 -- $139 / Sq Ft
Source: Colorado Real Estate Network (CREN)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $225,000 None Listed On Document
Warranty Deed $60,000 None Available
Warranty Deed -- None Available
Deed $28,000 --
Special Warranty Deed $22,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,924 FHA
Previous Owner $48,000 Unknown
Closed $8,836 No Value Available
Source: Public Records

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Source: Colorado Real Estate Network (CREN)

MLS Number: 821858

Colorado Real Estate Network (CREN)

APN: R0008155